New York Fed launches U.S. Libor contender, slow takeup seen
(Reuters) – The New York Federal Reserve launched a benchmark U.S. rate on Tuesday to potentially replace Libor, and market participants hope it will prove more reliable after a long…
by October Gallery
(Reuters) – The New York Federal Reserve launched a benchmark U.S. rate on Tuesday to potentially replace Libor, and market participants hope it will prove more reliable after a long…